News

News Corp records 7% revenue dip in Q2 2023; Binge subscribers approach 1.5m

Darcy Song

February 10, 2023 10:10

News Corporation has reported its second-quarter results for the 2023 financial year. The revenue dipped to US$2.52 billion (A$3.63 billion), a 7% decrease compared to the prior year period.

Net income for the three months ending December 2022 was $94 million (A$135 million), a decline compared to $262 million ($377 million) in the prior year.

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Darcy Song

Darcy Song was a reporter at Mumbrella, covering media owners, adtech and social platforms. She left in October 2023.

Topics

Binge Foxtel kayo News Corp News Corporation REA Group

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